Congress has recently passed some revisions to the federal tax code which will allow Catholic K-12 school parents to set up tax-deductible savings accounts to pay for their children's school tuition. Parents can withdraw up to $10,000 annually for private K-12 tuition per student as an eligible distribution from a MOST account. Parents can elect to make contributions to the MOST account according to their own timetable, such as monthly.

Funds contributed to a MOST account are deducted from the parent’s taxable income. For example, if a Catholic school parent contributes $10,000 during the year to their child’s MOST account, $10,000 will be deducted from their taxable income for state tax purposes. A contribution of this amount will save the family $600/year (*Based on Missouri’s highest tax rate of 6%; $5,000 x 6% = $300).

Tuition

St. Michael the Archangel Catholic High School is committed to making Catholic education affordable for all families. As you will see below, there is about a 30% difference between the actual cost of education and current student tuition. This amount is covered by subsidies raised by the SMA Advancement Office.

Being good stewards of the financial resources entrusted to our school community by our families and generous donors is a top priority. We pledge to prudently and intentionally allocate resources in a way that will help further our school’s mission and create a faith-filled, nurturing school environment for all students in attendance. SMA will create an environment committed to empowering high school students to become formed disciples for Christ, His church, and the academic skills needed to excel in college and beyond.

Tuition Payment Plan

Families may establish a payment plan and make scheduled payments through SMART Tuition, our tuition management provider, at enrollwithsmart.com. Use SMA code: 13619

SMART Tuition will allow for tuition payments to be scheduled to be paid at the following monthly rates: • Twelve Month (June 2018 through May 2019) • Ten Month (July 2018 through April 2019) • Quarterly (Four payments in July, October, January, and April)*All families paying in installments of ten or twelve months will be required to enroll in the SMART Tuition payment auto-deduction payment plan.

Tuition payments may be paid directly to the St. Michael the Archangel business office and scheduled at the following rates: • Annual (One payment due July 1, 2018) • Semi-Annual (Two payments due July 1, 2018 and December 1, 2018) • Quarterly (Four payments in July, October, January, and April)

Multiple Student Scholarship • $500• For families with two students attending SMA

Total tuition for families with three or more students attending SMA:• Registered KC-SJ Parish Family • $18,600 • Non-KC-SJ Parish Family • $19,000

Additional Scholarship Opportunities

In order to make a Diocesan faith-based education available to as many willing students as possible, St. Michael the Archangel awards the following scholarship levels to those students who apply: • Sunderland Scholarship • Christian Brothers Legacy Scholarship • Matthew R. McCullough Memorial Scholarship • Kevin Phillips, AOHS ’85 Memorial Scholarship

All scholarship recipients are required to maintain an average GPA of 70% or above in all classes to remain eligible for scholarship awards. Grades will be evaluated at the end of each semester.

Scholarship applications will be reviewed anonymously by an independent committee and awarded through the Office of the President.

Scholarship applications and recommendation forms can be completed online. Scholarship applications are accessible at smacatholic.org/scholarships, and scholarship recommendations are accessible at smacatholic.org/scholarship-recommendations. Applications will only be accepted electronically, and deadlines are firm. If you do not receive an automatic reply, please contact the SMA school office. The scholarship application must be fully completed for students who are returning to SMA before the deadline of January 31, 2018. Current school year tuition must be up to date for students to be considered for scholarships for the upcoming school year.

Each scholarship applicant must have one scholarship recommendation for review. This must be completed electronically and can be found HERE.

For new students, scholarship applications will be due March 3, 2018.

Financial Aid

St. Michael the Archangel Catholic High School and the Diocese of Kansas City-St. Joseph are committed to providing a 21st-century education rooted in Catholic values to as many families as possible. We are excited to offer many different scholarships and financial aid opportunities:

The financial aid application must be fully completed for students who are returning to SMA before the deadline of February 28, 2018. Current school year tuition must be up to date for students to be considered for financial aid for the upcoming school year.

The maximum amount of tuition assistance available to families is 60% of the current tuition.

There is no guarantee that an application will result in financial assistance. A consistent objective formula is used based on information provided to us by an independent agency where all prospective applications are completed.

Starting in the 2018-2019 school year, students who receive any type of scholarship or financial aid will be required to hold a minimum semester GPA of 70% or greater. More details may be found in our Student Handbook. Financial Aid Application and Enrollment Forms online and accessible at a later date.